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Central Bank reserves

Turkey sold some $44 bln of reserves in 4 months to boost currency: report

Turkey’s state banks sold about $44 billion of hard currency in the first four months of this year and some $77 billion since the...

Turkish lira nears all-time low after concerns over central bank reserves: report

Turkey’s lira tumbled 1.3 percent on Wednesday and neared an all-time low hit during a 2018 currency crisis after a regulator clamped down further on foreign...

Turkey allows private banks to lend more dollars to central bank: report

Turkey raised the amount of dollars commercial banks can lend to the central bank through currency swap deals, a step intended to boost the nation’s foreign...

Turkey revives plan to tap TL 46 bln in central bank legal reserves due to deteriorating budget: report

Turkey’s government is reviving plans to transfer the central bank’s 46 billion lira ($8 billion) in legal reserves to its deteriorating budget to shore it up...

Turkey planning to tap $6.6 billion from central bank reserves: report

Turkey’s Treasury ministry is working on legislation to transfer the central bank’s 40 billion lira ($6.6 billion) in legal reserves to the government’s budget to shore...

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